Repetitive Transcranial Magnetic Stimulation (rTMS) Funding

With Dr Ted Cassidy  

Psychiatrist and Co-founder

Transcript

Hi. My name's Ted Cassidy. I'm a psychiatrist and I'm one of the founders of the Monarch mental health group. TMS is a treatment that's been around for a very long time.

In all its forms, it's been around since the 1980s and really probably from the early 2000s, and has been a mainstream treatment for depression. And increasingly for other indications. In Australia, the TGA approved TMS as a safe and appropriate treatment in 2007, and in November 2021, Medicare Australia included TMS in their schedule of benefits. So importantly, what this has done in terms of accessibility is it means that there are Medicare rebates available for people who are undergoing TMS therapy. And this dramatically reduces the cost and increases the accessibility. Within the Monarch Mental Health group, where possible, we look at ways of either partially or completely defraying cost for the treatment.

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